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GJC Instruments Limited
03633508
2015-03-31
675463
638466
675563
638566
100
100
675563
638566
675563
638566
588480
440507
114109
125312
702589
565819
173117
134509
80658
46883
448814
384427
87083
198059
87083
197083
0
976
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Goodwill-Straight line over 10 years
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Plant & Machinery
Method for Plant & equipment
0.0000
Fixtures & Fittings
Method for Fixtures & fittings
0.0000
Leasehold Property
Method for Leasehold property
0.0000
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1100000
1100000
1012917
902917
110000
27460
27460
27460
26484
976
1127460
1127460
1040377
929401
110976
Ordinary
2000
1
2000
2000
Ordinary
1
100
100
100
2015-12-15
Mr G J Chew
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
GJC Instruments Limited
2014-04-01
2015-03-31
GJC Instruments Limited
2013-04-01
2014-03-31
GJC Instruments Limited
2013-03-31
GJC Instruments Limited
2014-03-31
GJC Instruments Limited
2014-03-31
GJC Instruments Limited
2015-03-31
2015-12-22